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CanAlaska Acquires Large Position NE of Patterson Lake
Over 60 Kilometres of the Prolific Patterson Lake Corridor Highly Anomalous Lake Sediment ...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Acquires Large Position NE of Patterson LakeOver 60 Kilometres of the Prolific Patterson Lake CorridorHighly Anomalous Lake Sediment Samples IdentifiedMeet Management at the Vancouver Resource Investment ConferenceVancouver, British Columbia--(Newsfile Corp. - May 17, 2022) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (\"CanAlaska\" or the \"Company\") is pleased to announce the acquisition of 28,328 hectares of new uranium claims by staking in the western Athabasca Basin. The new property is located 60 km northeast of the Triple R and Arrow uranium deposits (Figure 1). This under-explored project contains uranium lake sediment anomalies, diabase-related structures in the sandstone, and interpreted hydrothermal alteration zones. The project lies along the mineralized \"Patterson Lake Corridor\", host to recent high-grade uranium discoveries. Figure 1 – Taggart Property Location MapTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/2864/124249_0b45454be4464993_002full.jpg Figure 2 – Taggart Property Prospective Target CorridorsTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/2864/124249_0b45454be4464993_004full.jpgNew compilation work indicates that the basement rocks of the Patterson Lake Corridor trend into the project area. Based on the airborne geophysical data, and historical reporting, the basement rocks in the area represent those of the Lloyd domain, consisting of granitic to tonalitic gneisses, with local bodies of structurally-controlled graphitic and chloritic shear zones. To the southwest, these structurally-reactivated graphitic intervals are host to the uranium mineralization at the large Arrow and Triple R deposits, that together host 472.6 million pounds of uranium resources. The Arrow Deposit contains 337.4 million pounds U3O8 in measured, indicated, and inferred categories and the Triple R Deposit contains 135.2 million pounds U3O8 in indicated and inferred categories. Historical exploration on the property was focused on ground-based geophysical surveys, prospecting, and lake sediment geochemistry. Airborne magnetic, electromagnetic (VTEM), and radiometrics surveys were available to guide the staking of the property. The VTEM survey highlights conductive zones within t...